Analysts

What the analysts say

Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts. Feel free to contact them via mail for more information about PostNL stock.

Broker

Analyst

Recommendation

Target

Date

ABN AMRO

Lotte Timmermans
Hold
EUR 1.20
20 Mar 2020

Barclays Capital

Marco Limite

Neutral

EUR 1.85

25 Feb 2020 

Berenberg

William Fitzalan Howard

Buy

EUR 1.90

12 Mar 2020

De Groof Petercam

Frank Claassen

Hold

EUR 2.00

20 May 2019

ING

Marc Zwartsenburg

Buy

EUR 2.75

29 Jan 2020

Jefferies

David Kerstens

Hold

EUR 1.70

25 Feb 2020

KBC Securities NV

Ruben Devos

Hold

EUR 1.70

4 Mar 2020

KeplerCheuvreux

André Mulder

Buy

EUR 2.15

15 Aug 2019

Main First

Tobias Sittig

Buy

EUR 3.00

12 Nov 2019

the IDEA!

Henk Slotboom

-

-

-

Adjusted on 20 March 2020/15:25

Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.

Consensus


CONSENSUS PRE 4Q 2019

February 2020




4Q19 E*
consensus
FY19 E*
consensus
Revenue

Parcels4741,675
Mail in the Netherlands4861,600
PostNL Other2079
Intercompany-151-524
Total Revenue8262,827

Underlying operating income


Parcels38119
Mail in the Netherlands 5087
PostNL Other-10-32
Total underlying operating income78174

changes in pension liabilities

3

10
changes in provisions-9-15
Underlying cash operating income72169



Volume decline addressed mail NL-10.0%-10.0%

Based on estimates of 10 analysts

* impact acquisition Sandd taken into account

Contact Investor Relations